Zig Sheng Industrial Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 12, 2019 at 06:52 pm IST
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Zig Sheng Industrial Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced total revenue was TWD 3,005.263 million compared to TWD 3,985.384 million a year ago. Operating loss was TWD 46.096 million compared to operating Income of TWD 40.153 million a year ago. Net income was TWD 7.501 million compared to TWD 162.656 million a year ago. Basic earnings per share was TWD 0.01 compared to TWD 0.27 a year ago. For the half year, total revenue was TWD 6,548.335 million compared to TWD 8,097.406 million a year ago. Operating loss was TWD 129.656 million compared to operating Income of TWD 155.090 million a year ago. Net income was TWD 10.720 million compared to TWD 253.706 million a year ago. Basic earnings per share was TWD 0.02 compared to TWD 0.41 a year ago.
ZIG SHENG INDUSTRAIL CO., LTD. is a Taiwan-based company principally engaged in the manufacture and trading of textured yarns, nylon filaments and nylon chips. Its textured yarns products include function yarns, high stretch yarns, nylon yarns, multifilament and fancy yarns, among others. Its nylon filament products include fine filament yarns, polyester pre-oriented yarns, oxford yarns and industrial yarns. Its nylon chips products include spinning grade nylon chips and engineering plastic grade nylon chips. The Company also provides compound materials. The Company operates businesses in domestic market and overseas markets, including Europe, Americas, Africa, Oceania and Southeast Asia, among others.
ZIG SHENG INDUSTRIAL CO., LTD. 
